Question

sold goods to varun of the list price of Rs.2500 at 20% trade discount.​

Answer 1

Answer:

Varun's A/C Dr.... ₹2000

To Sales A/C. ₹2000

(Being the goods sold to Varun and allowed Trade Discount )

Explanation:

Working Note :

List price = ₹2500

Rate of trade discount = 20%

So,

2500 - ( 2500 * 20% )

2500 - 500

= ₹2000.

Hope it may help you....

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